Numerous Factors Lead to MgO Massive Over-capacity

   Mr.Sun, the CEO of Meishen Technology said, “except the short of thorough investigation for market, there are a lot of problems in the magnesium oxide industry.” As a professional magnesium oxide supplier, Meishen has something to say.

At present, the average capacity factor of industry is very low. Magnesium oxide capacity is serious surplus, and the industrial concentration ratio is lower. In order to solve over capacity. It is  intertwined with various benefit factors. According to the statistical data from Meishen Technology, a professional magnesium oxide manufacturer, it is impossible to resolve the overcapacity and weed out backward capacity in a short term.

In addition, the rude business administration, weak capability of independent innovation and the shortage of diverse talents. However, China introduces a large group of advanced technology and equipment. Magnesium oxide industrial environment is being improved. Aim to these problems, Mr. Sun suggested, “the primary task is upgrade economic movement quality and benefit. In order to achieve the expected goal of it, magnesium oxide industry should pay more attention to the technological innovation, management innovation and innovation of business model. ”